10% US Import Tariff Stacking Chaos: How Shippers and Carriers Must Navigate Section 122 Surcharges and Compliance Risks
The US 10% global import surcharge under Section 122, effective February 24, 2026, is stacking on existing duties and creating urgent compliance challenges for North American, UK, and Oceania shippers and carriers. With potential hikes to 15% and limited exemptions, businesses face higher costs, customs bond shortfalls, and supply chain restructuring pressures.